What is the concept of QSPARC - Money Load by Cash entry?
As per qSPARC functionality, if money is loaded through Cash then acquiring bank will always get a Debit settlement in DSR.
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Cash@PoS txn limit
As per RBI circular limit for cash withdrawal at PoS (Point of Sale) terminal is mentioned as Rs. 2,000 per day (per day, per Card holder).
How can banks handle unidentified Bulk member fund disbursements?
Please be informed, member Fund Disbursement is raised by member bank. Kindly get in touch with initiator bank for more details. If bank is not agreed with the below fund collection, bank can go ahead and roll back it to initiator bank through Portal ...
How can banks handle unidentified Bulk member fund collections?
Please be informed, member Fund collection is raised by member bank, kindly get in touch with initiator bank for more details. If bank is not agreed with the below fund collection, bank can go ahead and roll back it to initiator bank through Portal > ...
What is the concept of Tips and Surcharge?
Please be informed, that detailed clarification on tips and surcharge is provided in RuPay Dispute Management Rules and Regulations manual- Updated Version 6. Path: BCS RuPay Portal > Member File Download > Manuals and Documents folder.
Is there a Maker Checker concept while reporting the MCPR?
Yes, but only if the Maker user is updating the data using the option "Add MCPR BIN Details"